Mahindra & Mahindra has formed a bullish head and shoulder pattern along with rounding pattern, but the concern is that bullish pattern should formed in downside or downtrend. But here pattern formed in uptrend. Point to be noted that head is formed with morning star candlestick pattern. Entry on closing basis above 2000 SL below 1890 Target 2200 RRR...
parallel channel started from Mar'99 and making top in Sept 21 now head and shoulder formation is complete now a dead cat bounce and followed by bears
Stock gave Breakout of Head and Shoulders Price action pattern and retested the breakout zone and also break the previous high and showing some bullishness. Entry - 168 to 169 Target 1 - 179 Target 2 - 197 This is not a buy or sell call, analysis is shared for educational purpose.
NMDC is poised to breakout of a massive 10 year inverted head and shoulder pattern. High volumes and high RSI.
NMDC has been falling since more than a year and has now shown signs of bullish nature as the entire market sentiment improves. NMDC has formed a beautiful double bottom which has been confirmed by the gap up today with good volume. The previous red candles has high volume but no price movement which is a good sign and shows lack of selling pressure. NMDC...
IPCALAB head and shoulder about to breakdown can we have 875 750
ICICIBANK stock is forming head and shoulders pattern on the 15 minutes time frame. This is coming after a broadening formation which is also a bearish pattern. That's two bearish patterns back to back. Bearish trade can be initiated upon breakdown of the H&S trendline. Measured move target: 850.
$TSLA aka Elon Musk's Tesla CMP= $204.99 Attached: Weekly Price Chart as of 14th October, 2022 - Price has triggered a Head & Shoulder TOP Pattern Breakdown - Tesla still has a PE of 74 which is Overvalued and Expensive compared to Peers and Unsustainable in a FED Tightening Environment Elliot Wave Counts say that a Larger Degree 5 Wave Impulse in Wave 1 has...
NSE's PSUBANK index (ticker: CNXPSUBANK) was trading in a long head and shoulders consolidation for two years from mid 2019 to mid 2021. The breakout from inverted H&S happened in Oct'21 after which the index began to consolidate in a bull flag type of formation till Aug'22. The index broke out from this consolidation in Aug, gave a retracement back to the...
Attached: Hourly Chart A Clear Cut Distribution Pattern is visible for Bajaj Finance. This Pattern is called the Head & Shoulders Top Pattern and is a Trend Reversal Pattern. In this case, there is a BEARISH Implication One can Short at CMP Stop Loss above 7380 Downside Target open to 6900- 6800 Stay Safe And Happy Trading! If you like my work, then check...
head and shoulder formation in jubliant foodwork will be very good
head and shoulder bearish on sbin closing basis below 345 closing required
T- 650 SL : 840 Reason : Technically it has made Head and Shoulder structure on daily chart and fundamentally due to inflation and rate hike Realty sector expected to slowdown in near term.
TATACONSUM head and shoulder on hourly chart selling pressure in near term
This is a Way to take trade with Head and Shoulder. Once completed pattern wait to retraced the market after that take trade as per candlestick pattern. Stop loss as per Candlestick pattern. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment. Note: This is not Paid only for Educational purpose.
Asian Paint is Making a Head and Shoulder Pattern and Trading near the Neckline. It's also giving a Negative or Bearish Divergence. Short When it breaks the Neckline with Higher Volume than the Average Volume.